# UMC completes acquisition of Mie Fujitsu Semiconductor

United Microelectronics Corporation (UMC) received final approval and completed the full acquisition of Mie Fujitsu Semiconductor Limited (MIFS), a 300mm wafer foundry joint venture.

- Type: Acquisition
- Announced: 2019-09-25
- Where: Mie, Japan, Japan
- Value: $500.0M (54.4B JPY)
- Status: completed
- Products: 300mm wafers, foundry services
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [United Microelectronics Corporation](https://endata.com/companies/19674.md) (acquirer)
- [Fujitsu Semiconductor Limited](https://endata.com/companies/27643.md) (partner)
- [Fujitsu Semiconductor Limited](https://endata.com/companies/27643.md) (target)
- [Mie Fujitsu Semiconductor Limited](https://endata.com/companies/32835.md) (target)

## Sources

- [techcet.com](https://techcet.com/analyst_alert_category/fab-expansions/page/42/), 2019-09-25: "UMC has satisfied all closing conditions, including final approval from all relevant government agencies, for the full acquisition of Mie Fujitsu Semiconductor Limited."
- [umc.com](https://www.umc.com/en/News/press_release/Content/investor/20190925), 2019-09-25: "This win-win acquisition will create synergies through the integration of USJC’s world-class production quality standards and employees with UMC's decades of manufacturing experience."
- [taipeitimes.com](https://www.taipeitimes.com/News/biz/archives/2019/09/26/2003722908), 2019-09-25: "The acquisition is scheduled for completion on Tuesday next week."
- [semiconductor-digest.com](https://www.semiconductor-digest.com/umc-receives-final-approval-for-100-acquisition-of-mie-fujitsu-semiconductor/), 2019-09-25: "The completion of the acquisition is scheduled for October 1, 2019."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.